Q.3) What are the regulatory changes the RBI seeks to make in the regulation of the microfinance sector proposed in its consultation document? Also give suggestions to strengthen the framework. (10 Marks)

“Mentor’s Comments” https://www.financialexpress.com/opinion/microfinance-2-0-to-make-microfinance-regulation-better/2295124/ In the intro, mention the issue of different regulatory frameworks for NBFC-MFI and other lenders. In the … Continue reading Q.3) What are the regulatory changes the RBI seeks to make in the regulation of the microfinance sector proposed in its consultation document? Also give suggestions to strengthen the framework. (10 Marks)